Financial Statement Analysis

Locate the Intuit Inc. website, retrieve the latest company’s annual report from that site, calculate specific ratios for the latest two fiscal years, and respond to a limited number of analysis questions.

P
For the section showing the ratio calculations, provide appropriate details regarding the formula used, the source of the data, and the resulting calculations. Although you are certainly welcome and encouraged to use Excel to complete these tasks, copying and pasting from Excel into the Word document is discouraged unless it can be done in a manner that is cosmetically appropriate.
The requirements for the ratio analysis section are as follows.
1. Compute the following for each of the two most recent years.
• Profit margin
• Return on shareholders’ equity
• Current ratio
• Interest coverage ratio
2. Document your work by properly citing items such as the following.
• The website for the company
• The web page link for the annual report
• The page number of the annual report
• Appropriate details of the calculations
The questions that should be addressed in the second section of the paper are as follows.
1. If you were an accountant for a potential vendor for this company, explain which of these ratios would be of the most interest to you. Would there also be a second ratio of interest to you?
2. If you were an accountant for a potential investor in this company, explain which of these ratios would be of the most interest to you. In your opinion, what other ratio or ratios beyond the ones listed above should also be considered in an investment context?
3. What is your overall opinion of this company based on the limited analysis completed via the four ratios? Feel free to mention any questions that you feel should still be considered in view of the ratios or the changes from one year to the next.

Sample Solution

In terms of Burberrys campaigns throughout the years, there are always two common factors; the classic check and a famous face. Celebrities such as Kendall Jenner, Cara Delevingne, Rihanna and Beyoncé are just some of the names that are associated with Burberry. Including well-known names and faces in campaigns will draw the right kind of attention to the brand because people like Kendall Jenner who have millions of followers and supporters will be and easily recognisable face and will attract her audience to the brand. Although these audiences may not be the typical clientele for Burberry shoppers as many of the supporters who follows these young women will be young women themselves who may not necessarily be able to afford to dress head to toe in Burberry, they would still aspire to be like these influencers or try and live the lavish lifestyle they have by wanting to own something from the brand whether that be the classic trench or the perfume. A lot of this strategy comes from people wanting to feel included and like they are on trend with these beautiful and successful young women. People will follow trends and use of products to fit in with society and feel accepted. Sheldon et al (2011) found that although social media platforms such as Facebook, Instagram and Twitter are there as a way of communicating “humans are designed to connect with others as well as to feel accepted by them. Facebook has been found to promote connections in two steps.” This feeling will drive people to use the platforms to avoid feeling alone and detached from society and will therefore use these platforms to build a sense of belonging for themselves.

A recent campaign with Cara Delevingne for the Burberry Her fragrance which captures Cara Delevingne in her hometown wearing the Burberry check and going around all the main h

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.